Skip To Content

848 NW 2nd Ave

Fort Lauderdale, FL 33311
  • $1,125,000
  • STATUS: Active
  • ON SITE: 86 Days
  • MLS #: A11515319
UPDATED: 82 min ago
$1,125,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1973
County:

School Ratings & Info

Description

HOT AREA! This legal FIVEPLEX consists of three 1/1 & two Studios. A unique property to own in fast developing Progresso Village, close to downtown Ft Lauderdale. AirBnB potential, no rental restrictions! Adjacent to the new 'ALDI' supermarket & WAWA. New Townhomes on east side. Lot of upcoming construction nearby. Property is worth its land value many times (zoned RMM-25)! Well maintained, tenants are on yearly leases. FULLY OCCUPIED. Building has security deposits/last month rent! The Yearly Rental Gross Income for 2022 was $74,856 & for 2023 $85,982. Immense yearly GROWTH! Complex has coin operated Washer & Dryer, generating extra income! Expenses include lawn, water, common electric, insurance & property taxes. Do NOT disturb tenants. POF to show! AS IS. 1031 Exchange Buyers welcome!!

Monthly Payment Calculator



Copyright 2024, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2024-04-19T20:55:37.953.
www.globalwiderealty.com/homes/146865796
Print Image

848 NW 2nd Ave Fort Lauderdale, FL 33311

  • Price: $1,125,000
  • Status: Active
  • On Site: 86 Days
  • Updated: 82 min ago
  • MLS #: A11515319
0
Beds
0
Baths
0
½ Baths
0.15
Acres
1973
Built
County:
Broward
Property Description
HOT AREA! This legal FIVEPLEX consists of three 1/1 & two Studios. A unique property to own in fast developing Progresso Village, close to downtown Ft Lauderdale. AirBnB potential, no rental restrictions! Adjacent to the new 'ALDI' supermarket & WAWA. New Townhomes on east side. Lot of upcoming construction nearby. Property is worth its land value many times (zoned RMM-25)! Well maintained, tenants are on yearly leases. FULLY OCCUPIED. Building has security deposits/last month rent! The Yearly Rental Gross Income for 2022 was $74,856 & for 2023 $85,982. Immense yearly GROWTH! Complex has coin operated Washer & Dryer, generating extra income! Expenses include lawn, water, common electric, insurance & property taxes. Do NOT disturb tenants. POF to show! AS IS. 1031 Exchange Buyers welcome!!
Exterior Features

Parking Total 8 Pool Private YN No Roof Shingle View YN No Waterfront YN No

Interior Features

Building Area Total 1936 Building Features Laundry Facilities Cooling Wall/Window Unit(s) Flooring Tile Stories 1

Property Features

Association YN No Business Type Residential-Multi-Family Cooling YN Yes Documents Available Copy Of Lease(S)Owner ManagedPhotosRent Rolls Horse YN No Land Lease YN No Lease Considered YN Yes Lease Term Annual Lease Listing Terms All CashConventional/Refinance New Construction YN No Property Sub Type Income/MultiFamily Public Survey Section 34 Special Listing Conditions Sale Tax Annual Amount 10871 Water Source Public Year Built Details Resale Zoning RMM-25

Listing courtesy of Compass Florida, LLC: .


Copyright 2024, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2024-04-19T20:55:37.953.
 
https://bt-photos.global.ssl.fastly.net/miami/1280_boomver_1_A11515319-2.jpg https://bt-photos.global.ssl.fastly.net/miami/1280_boomver_1_A11515319-2.jpg https://bt-photos.global.ssl.fastly.net/miami/1280_boomver_1_A11515319-2.jpg
Logo
Globalwide Realty
7620 SW 60th Ave
Ocala FL, 34476